How defense organizations can stop their best ideas from falling through the cracks
Our new innovation survey has found 80% of senior executives in the defense sector believe incremental innovation is more valuable to them than disruptive breakthrough innovation.
In the report you will find that private defense companies, while far more likely to back high-risk initiatives, admit they focus more on incremental improvements than on developing innovative new products and business models.
In our new innovation report, we explore the pitfalls and complications that organizations face – across sectors and geographies – as they strive to think differently and put their new ideas into practice.
In our experience, a siloed approach to innovation is unlikely to succeed. To deliver transformational results, innovation has to move beyond the R&D department and become firmly embedded in the culture of the organization. To achieve this, our research suggests seven recommendations that senior executives should consider to convert innovation investment into profitable return.
The report also covers:
- Cross-sector learnings for addressing the innovation drain
- Best practice examples from 24 interviews with innovation leaders
- Analysis by sector and key findings
- Analysis by country and key findings.